Locking down its deliveries the keyes are drones to amazon locking down its deliveries . Shares tumbled at the start of the week after news broke these companies could be the target of antitrust probes. Are les case, they the department of justice is mulling an antitrust probe and has restriction over a potential apple pro. Meanwhile probe. Meanwhile, the ftc is looking at whether apple practices harm competition. Google makes up over half of digital ad revenue and their closest competitor amazon has 9 of the market. The digitaldominate ad market but does own up to half of ecommerce. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. What we have is a political reality, not get a legal one. The tech environment is big, complex, and intimidating. So our two antitrust agencies have met to divvy up the playing. Ield, so to speak emily does this mean that they will or that an
We take a look at the ecommerce giants plan. Of top story, shares alphabet, facebook, apple, and amazon tumbled at the start of the week after news broke these companies could be the target of antitrust probes. In googles case, they are the department of justice is mulling an antitrust probe and has restriction over a potential apple probe. They now reportedly have jurisdiction over a potential apple probe. Meanwhile, the ftc is looking at whether apple practices harm competition in the digital market. Google and facebook make up over half of digital ad revenue and their closest competitor amazon has 9 of the market. Amazon does not dominate the digital ad market, but does own up to half of the ecommerce market. We also learned a potential amazon probe fall under the ftc. The director of the enforcement policy and bloombergs Senior Editor for global tech join us for reaction. Brad what we have is a political reality, not get a legal one. The tech environment is big, complex, and intimi
Investors, waiting, chomping at the bit after the feds announcement on Interest Rates a little later. An Interest Rate hike is forecast. 2018 the expectation for and 2019 that will be in focus. The bloomberg dollar index, in the wake of the Alabama Senate election, falling today. Down by about 0. 2 . Crude rising ahead of key stockpile data. Marketsp, we will talk with christian nolting. With lapos elkann and Dennis Gartman. Sebastian the European Union againsted the u. K. Rollback on the agreement they have made last week. Michel barnier says britain cannot try to unpick the deals they made on friday. Still, europes leaders are planning to hand the u. K. A carrot for future relations. Former french president Francois Hollande says hes is a possibility for britain to strike a trade deal, but speaking exclusively to manus cranny, he cautioned that there are certain red lines. Eresident hollande a trad agreement is always possible, but it needs to be clear that it cant happen at any cost
Welcome to bloomberg surveillance bloomberg surveillance. Im mark barton in london. Festival of Central Banks, we have the ecb to come, the bank of england, the fed here. Down 1 5 of 1 . Uro, little change unchanged since the last ecb season, october 26. Hasnt fallen to one dollar 1587 on November November 7. Sterling up by 1 10 of 1 today. Today, but its politics thats affecting sterling today, having risen since fps last night. Theyre changing their governments planned legislation, so they guarantee they will get a meaningful vote on the final deal to leave the eu in negotiations for 2019. Coming up today on bloomberg surveillance, we will discuss markets with paul donovan, hear from the s p governor thomas jordan. But get to bloomberg first word news with Sebastian Salek sebastian the fed has raised rates by 25 basis points as widely expected. We also have a growth forecast next year, but maintaining projection of hikes 3 hikes in 2018. Saiding chair janet yellen this underlines tha
Im nejra cehic in london. Were checking a third day of declines for european equities. The the stoxx 600 down. 7 . The bloomberg dollar index on track for its first weekly loss in a month. The dollar weaker against yen. The b. O. J. Pushing for more stimulus. Well talk about that more throughout the show and the new Zealand Dollar best performer in this session on the announcement of a new central bank governor. Perhaps that might not hold up with some of the data were going to get next week but thats how were looking in todays session. Coming up today on surveillance, we talk surveillance and get a take on markets later on in the morning. First lets get the first word news. Greenbrussels, giving the light for brexit talks to move on to the next stage. They have complied with their conditions over a future trade deal. Diplomats warned the discussions will be more difficult than the First Six Months of talks. In japan, calling for more stimulus, prompted the b. O. J. To adjust its commu